Framework for Defining and Addressing Business Challenges PPT


This PPT slide, part of the 28-slide Presentation Development Primer (Storyboarding, Slide Design) PowerPoint presentation, outlines a structured approach to problem-solving, specifically focusing on the initial steps of defining a problem statement. It emphasizes the importance of understanding the problem's meaning, direction, and structure. The central question posed is whether Flevy can enhance its operating margin, particularly through cost reduction.

The flowchart illustrates 2 primary strategies: increasing revenue and cutting costs. Under the revenue enhancement strategy, 3 specific tactics are proposed: increasing traffic, improving conversion rates, and raising prices. Each tactic represents a potential avenue for revenue growth, indicating a proactive approach to boosting financial performance.

On the cost-cutting side, the slide breaks down further into specific areas of focus. It suggests reducing labor costs, hosting expenses, and search engine marketing costs. Each of these areas includes probing questions aimed at identifying potential efficiencies. For instance, it asks whether staff can be reduced or salaries lowered, and if there are cheaper hosting plans available. This indicates a thorough analysis of operational expenses, aimed at uncovering opportunities for savings.

The overall structure of the slide serves as a roadmap for addressing the problem at hand. It guides the viewer through a logical progression of thought, from defining the problem to exploring actionable solutions. This methodical approach is essential for any organization looking to improve its financial standing. The visual layout aids in clarity, making it easier for stakeholders to grasp the strategies being proposed. The slide effectively communicates a comprehensive problem-solving framework that can be applied to various business challenges.



This slide is part of the Presentation Development Primer (Storyboarding, Slide Design) PowerPoint presentation.

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